Google has scrapped its diversity-based hiring goals and is reviewing its inclusion initiatives, aligning with other US businesses scaling back such efforts. Chief People Officer Fiona Cicconi confirmed the company would no longer set aspirational diversity targets, marking a shift from commitments made in 2020 to improve representation across leadership roles.
A goal set by CEO Sundar Pichai in 2020 aimed for 30% of leadership hires to come from underrepresented groups by 2025. Reports indicate Google had reached 60% of its five-year objectives by early 2024. However, recent regulatory filings show that the company removed previous statements about making diversity a core focus, reflecting its broader reassessment of DEI programmes.
Alphabet Workers Union criticised the move, calling it part of a larger trend against workplace diversity in the tech sector. As a federal contractor, Google also cited the need to comply with changing regulations and executive orders affecting DEI initiatives. Internal employee groups such as “Black Googler Network” and ‘Trans at Google’ will remain in place, continuing to inform company policies.
Other major technology firms, including Meta and Amazon, have also reduced their DEI commitments. Conservative groups have challenged corporate diversity policies following a 2023 US Supreme Court ruling against affirmative action in university admissions, increasing pressure on businesses to revise their approaches.
Thailand plans to draft a strategic plan for its semiconductor sector within 90 days, aiming to attract new investments amid the growing trade tensions between the US and China. The country’s national semiconductor board will engage a consultancy to create an industry roadmap, with Narit Therdsteerasukdi, secretary-general of the Thailand Board of Investment (BOI), leading efforts to promote the sector. As part of these efforts, Narit is also organising roadshows in the US and Japan to draw in semiconductor investments.
The semiconductor industry has faced significant disruption due to the US-China trade war, and further instability is expected as US President Donald Trump’s renewed tariffs on Chinese imports continue. Despite this, Thailand’s semiconductor sector has seen growth, with inbound investment applications reaching a decade-high of 1.14 trillion baht ($33.5 billion) in 2023. The country aims for 500 billion baht in new investments by 2029, focusing on power electronics, including semiconductors for electric vehicles, data centres, and energy storage systems.
Thailand is positioned as a key player in the global semiconductor market, ranking second among emerging economies for semiconductor manufacturing. Companies like Analog Devices, Sony, Toshiba, and Infineon have facilities in Thailand, and investment in printed circuit boards, essential for electronic devices, has also surged. Thailand’s neutral position in the ongoing trade conflict makes it an attractive destination for investors seeking stability.
However, Thailand faces stiff competition from other Southeast Asian countries, particularly Malaysia, which is aiming for over $100 billion in semiconductor investments. Despite this, Thailand’s growth potential remains strong, driven by its growing reputation as a manufacturing hub for electronics.
Chinese investors are flocking to AI-related stocks, betting that the success of home-grown startup DeepSeek will propel China to the forefront of the AI race amid the escalating Sino-US technology conflict. DeepSeek’s breakthrough in developing a competitive large language model, cheaper to produce than those of US giants like OpenAI, has ignited a surge in investments, particularly in Chinese chipmakers, software companies, and data centre operators. This patriotic investment surge follows US President Donald Trump’s fresh tariffs and trade war tactics.
Shares in AI, semiconductor, and robotics firms in China and Hong Kong have seen notable increases, with the Hang Seng AI Index rising by more than 5% and related sectors climbing over 11%. Investors are optimistic about the rapid adoption of AI technologies, with industry experts predicting significant growth in AI applications by 2025. Companies such as Nancal Technology and Suzhou MedicalSystem Technology are seen as likely beneficiaries of the AI boom.
The rise of DeepSeek has also sparked discussions about the undervaluation of Chinese tech stocks compared to their US counterparts. Chinese stocks are trading at much lower price-to-earnings ratios, and analysts believe AI breakthroughs could help close this gap. While US export restrictions on Chinese tech could intensify, this may prompt further government support, driving faster growth in the AI sector.
However, not all investors are entirely convinced. Some remain cautious about the long-term profitability of AI-focused companies, with concerns that many are still far from turning a profit. Despite the optimism, the future of AI investments in China remains a delicate balancing act between technological innovation and market realities.
Greece is taking steps to address the impact of AI on the labour market by strengthening its Labour Market Needs Assessment Mechanism and implementing retraining programs. Speaking at a conference in Brussels, Labour Minister Niki Kerameus highlighted the rapid pace of AI development and its transformative effects on the workforce. She emphasised the need for protective measures to ensure workers benefit fully from AI’s potential.
Kerameus outlined two key initiatives Greece is focusing on. The first involves mapping current and future labour market needs, especially for new skills and specialities driven by AI. The Ministry of Labour is enhancing its market needs with a diagnostic mechanism to track real-time employee skills and labour market demands.
The second initiative involves retraining programs to help workers adapt to the evolving job landscape. Kerameus reassured that while AI will continue to change how people work, it should not be feared. Greece is prioritising skills programs, particularly in digital and green sectors, and aims to involve 10% of the active workforce in these initiatives by 2026.
SKY Perfect JSAT plans to invest approximately $230 million in a new satellite constellation. The project will utilise Pelican satellites from US-based Planet Labs and will be managed through the company’s American subsidiary.
The investment marks JSAT’s entry into the Earth observation satellite business, expanding its operations beyond broadcasting and communications. The new satellite network aims to enhance data collection and imaging capabilities from low-Earth orbit.
Following the announcement, JSAT shares surged by as much as 9%. The company remains the largest operator of broadcast and communication satellites in Japan and Asia.
China’s antitrust regulator is reportedly preparing to investigate Apple’s App Store policies and fees, including its 30% commission on in-app purchases and restrictions on external payment services. The move follows recent measures targeting US businesses, including Google and fashion brand Calvin Klein, just as new US tariffs on Chinese goods emerged. Apple’s shares fell 2.6% in premarket trading following the news.
The investigation, led by the State Administration for Market Regulation, comes after ongoing discussions between Chinese regulators, Apple executives, and app developers over the past year. While neither Apple nor the Chinese antitrust regulator has commented on the matter, the move is seen as part of broader scrutiny of US companies operating in China.
In a separate development, Google was also accused of violating China’s anti-monopoly laws, with experts speculating the probe could be linked to Google’s Android operating system and its influence over Chinese mobile manufacturers. Additionally, China’s Commerce Ministry added PVH Corp, the owner of brands like Calvin Klein, to its “unreliable entity” list.
OpenAI CEO Sam Altman met with India’s IT Minister Ashwini Vaishnaw on Wednesday to discuss India’s vision of developing a low-cost AI ecosystem. Vaishnaw shared on X that the meeting centred on India’s strategy to build a comprehensive AI stack, including GPUs, models, and applications. He noted that OpenAI expressed interest in collaborating on all three aspects.
Altman’s visit to India, his first since 2023, comes amid ongoing legal challenges the company faces in the country, which is its second-largest market by user numbers. Vaishnaw recently praised Chinese startup DeepSeek for its affordable AI assistant, drawing parallels between DeepSeek’s cost-effective approach and India’s goal of creating a budget-friendly AI model. Vaishnaw highlighted India’s ability to achieve major technological feats at a fraction of the cost, as demonstrated by its moon mission.
Altman’s trip also included stops in Japan and South Korea, where he secured deals with SoftBank and Kakao. In Seoul, he discussed the Stargate AI data centre project with SoftBank and Samsung, a venture backed by US President Donald Trump.
The European Commission has launched the OpenEuroLLM Project, a new initiative aimed at developing open-source, multilingual AI models. The project, which began on February 1, is supported by a consortium of 20 European research institutions, companies, and EuroHPC centres. Coordinated by Jan Hajič from Charles University and co-led by Peter Sarlin of AMD Silo AI, the project is designed to produce large language models (LLMs) that are proficient in all EU languages and comply with the bloc’s regulatory framework.
The OpenEuroLLM Project has been awarded the Strategic Technologies for Europe Platform (STEP) Seal, a recognition granted to high-quality initiatives under the Digital Europe Programme. This endorsement highlights the project’s importance as a critical technology for Europe. The LLMs developed will be open-sourced, allowing their use for commercial, industrial, and public sector purposes. The project promises full transparency, with public access to documentation, training codes, and evaluation metrics once the models are released.
The initiative aims to democratise access to high-quality AI technologies, helping European companies remain competitive globally and empowering public organisations to deliver impactful services. While the timeline for model release and specific focus areas have not yet been detailed, the European Commission has already committed funding and anticipates attracting further investors in the coming weeks.
At the annual Almaty Digital Forum, experts highlighted the growing importance of preparing for the AI revolution sparked by the sudden rise of the Chinese AI company DeepSeek. The company’s appearance at the forum raised questions about the future of AI and humanity, particularly due to the affordability of DeepSeek’s AI models, which cost just $6 million to develop, compared to the $40-100 million investments from other global players. This has made AI solutions more accessible to smaller developers and countries.
During the forum, Kaan Teryioglu, CEO of VEON Group, emphasised that AI’s potential lies in enhancing human capabilities across various sectors. Experts agreed that AI will no longer be dominated by tech giants, with smaller developers now able to harness its power. However, concerns were raised about the risk of cultural homogenisation if AI technologies are not adapted to local languages and values.
The forum also showcased Central Asia’s ambition to keep up with global AI developments, with high-level representatives from several countries, including Kazakhstan, Armenia, and Uzbekistan, in attendance. Kazakhstan, in particular, is planning to train a million AI professionals by 2030, with the goal of boosting AI exports to $5 billion by 2029. The government is also launching Alem.ai, a hub for AI research, start-ups, and international collaboration, expected to play a key role in the country’s AI future.
Kazakhstan’s ambitious plans have attracted the attention of global tech giants, who are already in discussions about establishing offices at Alem.ai. With a focus on developing local talent and fostering innovation, Kazakhstan aims to position itself as Central Asia’s intellectual capital and a key player in the global AI landscape. The forum’s success, with over 220 tech companies and 80 local start-ups participating, signals that the country’s plans may not be overly ambitious after all.
India‘s finance ministry has issued an advisory urging employees to refrain from using AI tools like ChatGPT and DeepSeek for official tasks, citing concerns over the potential risks to the confidentiality of government data. The directive, dated January 29, highlights the dangers of AI apps on office devices, warning that they could jeopardise the security of sensitive documents and information.
This move comes amid similar actions taken by other countries such as Australia and Italy, which have restricted the use of DeepSeek due to data security concerns. The advisory surfaced just ahead of OpenAI CEO Sam Altman’s visit to India, where he is scheduled to meet with the IT minister.
Representatives from India’s finance ministry, OpenAI, and DeepSeek have yet to comment on the matter. It remains unclear whether other Indian ministries have implemented similar measures.
